Operations

Performance

LLOG is a leader in project execution. We have a decades-long track record of bringing development projects to production with outstanding efficiency, cost performance and safety metrics. Most importantly, we are proudest of our commitment to safe operations.

Our competitive advantage

Standardization

Utilize similar equipment and procedures across multiple projects

Safer operations in the field

Continual improvement of procedures and equipment

Vendor relationships

Establish valuable alliances with key vendors

Maintain strategic relationships with private equity, banks, midstream and producing partners

Rigorous safety and performance standards upheld by vendors

Autonomy

Operate 90% of company-owned reserves

Performance beyond what is required under contract 

Quicker decision making and implementation

Industry benchmarking

LLOG has an outstanding track record of bringing development projects to production in less time than our industry peers.

Subsea tiebacks

Average cycle time: discovery to first production

LLOG: 1.6 years
Industry: 4.3 years

Source: OWL

Floating production systems

Average cycle time: discovery to first production

LLOG: 3.5 years
Industry: 8.3 years

Source: OWL

Wilcox development wells

Drilling days: spud to total depth

LLOG: 39 days
Industry: 136 days

Source: OWL

Buckskin CAPEX reduction

Gross CAPEX to initial production ($MM)

LLOG: 562 | Actual
LLOG: 697 | Project sanction

Jan 2017

Previous operator: 2,250

May 2016

Award winning performance

Safe Operations & Accurate Reporting (SOAR)

2008

2008: Operational excellence

LLOG was awarded Safe Operations and Accurate Reporting (SOAR) award by the Minerals Management Service, which has since been split into ONRR, BOEM and BSEE as of 2010. The award honored outstanding achievements in both offshore operating performance and fiscal responsibility. LLOG was the last recipient of this award.

Offshore Magazine "Top 5 Projects"

2011

2011: Who Dat

Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution.

Offshore Magazine "Top 5 Projects"

2015

2015: Delta House

Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution.

OTC Distinguished Achievement Award

2017

2017: Delta House

The OTC Distinguished Achievement award considers major technological, humanitarian, environmental, and leadership contributions to the offshore energy industry. LLOG was named a recipient in 2017 for our “industry leading” work on the Delta House project. This prestigious award is arguably one of the industry’s highest honors.

Offshore Magazine Top 5 Projects"

2019

2019: Buckskin

Offshore Magazine's annual "Top Five Projects" evaluates offshore projects worldwide to name the five best. Selection criteria includes innovation of production methods, application of technology, resolution of challenges, safety and environmental protection, and project execution.

Portfolio

Who Dat FPS

LLOG has operated the Who Dat Floating Production System (FPS) since 2011. The FPS is installed in Mississippi Canyon 547 at a water depth of 3,100 feet. The Who Dat field was discovered in December 2007, and initial production was established within four years. The field has achieved cumulative production of over 100 million barrels of oil equivalent. Gross production is currently 25,000 barrels of oil and 96 million cubic feet of natural gas per day. The platform has maintained a 96% uptime since first production in 2011. Who Dat was the first platform in the Gulf of Mexico to be owned by a privately held company.

WhoDat logo@600x

Publications